Business

ERA CEO says they must up their game on standards, safety and human resource Kampala, Uganda | JULIUS BUSINGE | At least 130 firms have been cleared to provide services in the energy sector following approval from the industry regulator, Electricity Regulatory Authority. This means that the firms will now …

Kampala, Uganda | THE INDEPENDENT | A financial expert has praised Uganda’s currency stability, thanks to attractive interest rates on government securities and easy access of foreign currency. Eva Othieno Wanjiku, the Africa Strategist for Standard Chartered Bank, said they expected the Ugandan currency to lose more value in June …

Huge taxes will continue to water down dividends Kampala, Uganda | ISAAC KHISA | Have you ever imagined running a company that hands over a huge chunk of its revenue to government as tax compared to shareholders’ dividends? This is the situation that managers at the British American Tobacco Uganda …

  Masaka, Uganda | THE INDEPENDENT | Greater Masaka Coffee Farmers’ Cooperative has ventured into coffee roasting to promoting the indigenous cash crop and improve their incomes. Coffee roasting, encompasses a heat process that turns green coffee beans into fragrant, dark brown beans. After roasting, the crunchy beans are then …

Kampala, Uganda  | THE INDEPENDENT |  More than 2,000 delegates are expected to attend the G77+China summit that is to be held at the Common Wealth Resort Hotel Munyonyo between April 17-19.  The G77 is the largest intergovernmental organization of developing countries in the United Nations, used as a platform to …

  Kampala, Uganda | THE INDEPENDENT | Prime Minister Dr Ruhakana Rugunda has said that building of the Kampala-Jinja Expressway remains a key government priority and is on agenda for the upcoming cabinet meeting scheduled for Monday 24 February 2020. Rugunda reassured Speaker of Parliament Rebecca Kadaga who raised the …

Jinja, Uganda  | THE INDEPENDENT |  Kakira Sugar Works is underfire from sugarcane farmers from Busoga Sub region for allegedly issuing supplier permits to politicians at their expense. According to the farmers, the factory reduced their supplier permits from 1000 in January 2019 to 400 by December last year. The farmers …

Beer maker, Uganda Breweries Limited has promised to partner with several private sector companies to plant trees as an avenue to mitigate the negative effects of climate change. Kampala, Uganda | JULIUS BUSINGE | Speaking during the 330-km long awareness relay Marathon from Kampala to Gulu, in a tree campaign …

A big opportunity for Uganda, African economies Kampala, Uganda | JULIUS BUSINGE | Tourism players from across Africa gathered at Speke Resort Munyonyo located approximately 20 kilometers southeast of Kampala City starting Feb.4-6 to discuss the industry’s future prospects. This was the 5th Pearl of Africa Tourism Expo (POATE) organized …

Statistics from UTB shows that tourism number have grown from 1.27 million to 1.5 million over the last five years Kampala, Uganda | PATRICIA AKANKWATSA | Uganda Airlines and Uganda Tourism Board signed a memorandum of understanding to combine their efforts to promote the tourism potential of Brand Destination Uganda …